Welspun India’s arm to set up solar parks across four states

10 Jul 2013

Welspun India’s business arm - Welspun Energy (WEL), the country’s biggest developer of solar projects is planning to set up solar parks across four states. In this regard, the company has already initiated work on a 100 megawatt solar park in Rajasthan, for which it is currently acquiring land. The company will require around 500 acres of land for developing solar park in Rajasthan.

The average investment in a park would be around Rs 100 crore for land development and evacuation infrastructure like setting up sub-stations. It is also looking around for investors into the parks. The company already provides engineering, procurement and construction (EPC) services to those who wish to set-up solar capacity. Their solar EPC order-book is around Rs 1,500 crore.

 

Related Welspun India Ltd. Links:

Welspun India Share Price

59.40 0.55 (0.93%) Sep 24, 18:01
1 Year Price Chart
Peers
Company Name CMP
Arvind 31.10
Welspun India 59.40
PDS Multinational 305.65
Vardhman Textiles 734.70
Garden Silk Mills 10.72
View more..
Sensex vs Welspun India
Puchho Befikar
SEBI Registered: Investment Adviser - INA000013323
Research Analyst - INH000000719

Callback